WS #13964
Iran reiterates the Strait of Hormuz remains blocked, contradicting US claims of normalization, with IEA and OPEC cutting demand forecasts due to the closure. Massive drone attacks on Russian oil terminals and refineries, including Novorossiysk, add supply risk premium to oil.
Hormuz closure persists
Iran reiterates the Strait of Hormuz remains blocked, contradicting US claims of normalization, with IEA and OPEC cutting demand forecasts due to the closure.
Massive drone attacks on Russian oil terminals and refineries, including Novorossiysk, add supply risk premium to oil.